IPG Photonics is the world leader in high-power fiber lasers, fiber amplifiers, hybrid fiber/solid-state lasers and diode lasers for use in a wide range of markets including materials processing, advanced technologies, telecommunications & medical applications. IPG manufactures fiber lasers operating at 0.5 – 5 microns. IPG’s 1um and 1.5um fiber lasers and amplifiers are particularly popular in single-frequency and linearly-polarized variants; providing products having the best available combination of performance, reliability and price. IPG's newly developed 2-5 microns mid-IR lasers offer cost-effective solutions for sensing, spectroscopy, material processing & medical applications.
Founded in 1990, IPG Photonics pioneered the development and commercialization of optical fiber-based lasers, a new generation of lasers that combine the advantages of semiconductor diodes with the high amplification and precise beam qualities of specialty optical fibers. Fiber lasers deliver superior performance, reliability and usability at a lower total cost of ownership than conventional lasers and 15x more energy efficient than conventional lasers.
IPG's fully vertically integrated manufacturing process provides significant competitive advantages and enhances its ability to meet customer requirements, manage costs and improve performance. IPG Photonics is headquartered in Oxford, MA with additional manufacturing and application facilities worldwide including Germany, Italy and Russia.
Closing share price
|FY, 2013||FY, 2014||FY, 2015||FY, 2016|
|$648 m||$769.8 m||$901.3 m||$1 b|
Revenue growth, %
|$339.9 m||$416.5 m||$491.9 m|
Operating expense total
|$121.8 m||$132.8 m||$149.8 m|
|$218.1 m||$283.8 m||$342 m|
|$155.8 m||$200.4 m||$242 m||$260.7 m|
Operating cash flow
|$64.7 m||$73.4 m||$60.4 m|